Norfolk Gazette And Publick Ledger

We never could see the necessity that existed for legislative interference in private contracts. These laws have always been passed with a view to serve the debtor alone ; in effect they have ever been found as ruinous to him as beneficial to the creditor, attended most frequently with the ruin of some kind relatives or friends of the debtor ; many a doubtful and even bad debt has been secured by these laws. It is difficult to perceive in what way the commonwealth is injured by the shifting of property from one hand to another ; to the publick it is the same, whether one citizen or another has the property.

No one circumstance has so much contributed to the elevation of Great-Britain, as the administration of justice; in the worst of times, the civil administration of justice has experienced no interruption or legislative interference.

Mr. Ritchie advises the people to be honest, though the law permits them to be otherwise--he will find upon reflection, that good and wholesome laws are the best security for the moral rectitude of the people.

When we say that these laws are beneficial to the creditor, we would not be understood as saying that under no circumstances they will produce an opposite effect--we believe otherwise, and fear that a state of things is approaching that will have the opposite tendency. The immense quantity of paper, in the shape of Bank Notes, Treasury Notes, and Public Stock, which will be put into circulation, must and will have that effect which an over proportion of paper medium as respects specie, has always had. The quantity will sink the value, in plain language, it will depreciate.